NebulaFi

Videos

Description

NebulaFi: Revolutionizing Perpetual Trading on Mantle

What is NebulaFi?

NebulaFi is a decentralized perpetual exchange built on the Mantle blockchain, offering fast, low-cost, and secure trading for assets like ETH, BTC, SOL, and MNT. It combines an off-chain order book for ultra-low latency with on-chain settlement for trustless execution, ensuring the perfect balance of performance and security.

Core Features

Off-Chain Order Book Enables lightning-fast order placement, updates, and cancellations. Eliminates the need for high gas fees during trade execution.
On-Chain Settlement Ensures trustless and transparent trade settlement via smart contracts deployed on the Mantle network.
Perpetual Markets Supports trading with leverage on assets like ETH, BTC, SOL, and MNT. Competitive fee structure and funding rate adjustments for risk management.
Advanced Trading Dashboard Built using Next.js, Wagmi, and Reown Appkit for seamless user interaction. Features real-time price feeds, PnL tracking, and portfolio analytics.
Low Costs and High Scalability Leverages Mantle’s low gas fees and high throughput for cost-efficient trading.

Why NebulaFi?

Performance-Driven: Off-chain order books provide near-instant order matching.
Decentralized Security: On-chain settlement ensures trustless and tamper-proof execution.
User-Friendly: A sleek frontend ensures a smooth and intuitive trading experience.
Cost-Effective: Minimal fees for both traders and liquidity providers.
Future-Proof: Scalable architecture designed to handle growing user demand.

Technology Stack

Frontend: Built with Next.js, Wagmi, and Reown Appkit for an optimized trading experience.
Backend: Solidity-based smart contracts deployed on Mantle Blockchain for decentralized settlement.
Off-Chain Infrastructure: High-performance order book to ensure low-latency execution and updates.

Who is NebulaFi For?

Traders: Access perpetual markets with leverage and competitive fees.
Liquidity Providers: Earn rewards by supplying liquidity to the platform.
Institutions: Benefit from scalable, secure, and cost-efficient trading.

Vision

To become the leading decentralized perpetual exchange, providing a seamless and efficient trading experience for retail and institutional traders, while setting new standards for speed, scalability, and security in DeFi.

Progress During Hackathon

I worked on both the frontend, backend and the smart contract development. First I started out with the smart contract developement with solidity i used Remix IDE for the development and Then i worked on the frontend and backend where i used NextJS, ShadCN and MongoDB for the off chain orderbook which is crucially the backend.